Back when Spotify was only available in Europe, and I had that to tease my American friends about, I signed up for the free version, and saw the value of it. For someone that doesn’t already have a massive music collection, or for someone wanting constant background music, like in a bar or restaurant, services Spotify make a lot of sense. I’ve never used Pandora, because they’ve never made the effort to enter the European market. And long before them, I used Last.FM for a while. The ability to stream music you don’t own is excellent. There’s only one problem: it loses money.(more…)